How can you live in California?

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Old Nov 21, 2006 | 03:54 PM
  #31  
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The condos I saw for $350,000+ where one bedroom. Maybe I just need to look around some more.
Old Nov 21, 2006 | 03:57 PM
  #32  
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Originally Posted by sirhankwilliams
^ ...and if you use one or two of those rooms for uh, production, your mortgage payment is paid for.

:215:

<--- doesn't know what you are talking about
Old Nov 21, 2006 | 03:59 PM
  #33  
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Its actually pretty simple. To live in the bay area (cali) in general. You need to have more than one job. Or more than one income i should say. Invest. In other words you gotta have a hustle or a grind seperate from your normal job if you want to get ahead and not live paycheck to paycheck. The reason it is cheaper in other places is because there is no place like the bay.

Hustle on.

I invested in a condo with my room mate five years ago. We bought it together for 175,000 in concord, ca. 5 years later he bought me out and it appraised for 360,000. I walked away with a good chunk. The point is there is more room to make money out here because of the high prices. Use it to your advantage. Good luck.

E
Old Nov 21, 2006 | 04:06 PM
  #34  
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Originally Posted by Polish
The condos I saw for $350,000+ where one bedroom. Maybe I just need to look around some more.
It must be a 10'x10' square plot townhouse complex where you car is hung vertically from its front bumper in a closet like garage, and you climb a ladder to get into the kitchen/living room above the garage, and another ladder from the 2nd floor into the bedroom/bathroom. ;P
Old Nov 21, 2006 | 04:16 PM
  #35  
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Originally Posted by chimchimm5
It must be a 10'x10' square plot townhouse complex where you car is hung vertically from its front bumper in a closet like garage, and you climb a ladder to get into the kitchen/living room above the garage, and another ladder from the 2nd floor into the bedroom/bathroom. ;P
I bought a 3 bed 2 bath in concord with a two car garage. 1350 sq feet. 530,000.

There are good deals out there you just have to find them. But yes there are tin cans also haha. It took me about 3 months to find this house im in now.

E
Old Nov 21, 2006 | 04:40 PM
  #36  
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Easy...just live wit ure parents! haha buy prime property when its cheap
Old Nov 21, 2006 | 05:14 PM
  #37  
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Old Nov 21, 2006 | 05:19 PM
  #38  
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http://www.reflections-condos.com/

in san ramon. never seen the place, though. starts at $200k.
Old Nov 21, 2006 | 05:43 PM
  #39  
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Originally Posted by shim022
http://www.reflections-condos.com/

in san ramon. never seen the place, though. starts at $200k.
They actually start IN the $200k's... I looked into these. It basicly means that they are $285k for a 1bd. They were transitioned apartments that were built in the 70's.
Old Nov 21, 2006 | 06:42 PM
  #40  
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I'm reading about all the people saying now is not the time to buy....On the contrary, right now it's a total buyers market. I know of places throwing CARS into the deals. There's something like 40 homes on the market to every prospective buyer at the moment.

Did the starter of this thread say he was from New Mexico? I spent 7 weeks out there for some training. My advise would be to get away from that place at all cost. The high School drop out rate is near 50%. I think on average the cops shot someone about 6 times a week. Yes, six times a week. Drugs are a massive problem. Ok, this was just in Albuquerque (did I spell that right?), so I can't say how it is for the rest of the state. Oh, and another time (this only happened once) the restaurant we were eating at got held up. After I got out of there I vowed never to return. Of course there are bad places in Ca. too. Richmond, E. Palo Alto, Oakland, Parts of L.A....ect.
Old Nov 21, 2006 | 08:16 PM
  #41  
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yaaaaaaaaaaaaaaaa but thats new mexico man.... can't compare the two.. its like goto san diego.. look at a house inland versus a house on the beach.. the beach house will be 600sqft and 1mill versus the inland house will be 2k sqft and 600k
Old Nov 21, 2006 | 11:30 PM
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Originally Posted by Polish
Totally makes sense!!! And thats what I would like to do. I would like to turn over some properties in the next 5 years of my life but getting into the first one will be the hardest thing.

Trust me I know that it's hard, but remember there are all kinds of mortgages out there: arms, 30 year fix, interest only for the 1st 5 years etc. Also remember that if you can find a way to make this happen after the first year, you'll be getting a fat tax return.

It's also amazing how many folks are in your shoes, but go for it and it ends up working out! There'll be sacrifice at first, heavy budgeting, no cable, no eating out all the time, pick and choose your outings, but it's not forever, just a year or two, till your steady. The market here in the bay isn't gonna go down (IMO), So I don't think you'll lose money, if you choose the right property (location, price). Just make sure your career is marketable too! 2 years can go by fast.

If it doesn't work out you sell, as long as there is no penalties, and get a job in NM, or OR, or WA + you will have had 2 more years of experience in your carreer and your bound to have raises in 2 years, you'd hope.

Last edited by adizon; Nov 21, 2006 at 11:38 PM.
Old Nov 22, 2006 | 08:26 AM
  #43  
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you can't survive in the bay area, don't let any of these yahoo's convince you otherwise. flee while you still can!

too damn many people here as it is. any of you fine individuals that want to leave, just fscking leave already!
Old Nov 22, 2006 | 08:52 AM
  #44  
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Originally Posted by platypus
you can't survive in the bay area, don't let any of these yahoo's convince you otherwise. flee while you still can!

too damn many people here as it is. any of you fine individuals that want to leave, just fscking leave already!
Its time for another angry ************
Old Nov 22, 2006 | 09:59 AM
  #45  
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Originally Posted by Ipecac
Its time for another angry ************
+1 for donkey punch.



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